Measuring the value of old people’s production: ideas based on diaries
(English)In: Article in journal (Refereed) Submitted
Productive capacity is usually not valued for seniors who have retired. However, some seniors produce much more than we expect. In this diary-study senior activities are identified and value mechanisms are suggested. One question raised is if it is possible to scale up this diary study into a larger representative study.
Diaries kept for one week were collected among 23 seniors in the north of Sweden. They were analysed with a Grounded theory approach; an interplay between ideas and empirical data.
Some productive senior activities must be valued as opportunity cost of time and others must be valued with replacement cost. In order to make the choice among these principally different methods the societal entitlement is important. When the societal entitlement does not exist the first method must be used and when it exists the latter must be used.
An explicit investigation of the content of the entitlement is needed to justify the choice of valuation method for each activity. Questions addressing senior production must be adjusted to the type of production. In order to understand senior production, degrees of free choice to conduct an activity, as well as describing health-related quality of life, are important.
old, production, entitlement, intergenerational fairness
Economics and Business
Research subject hälso- och sjukvårdsforskning
IdentifiersURN: urn:nbn:se:umu:diva-25644OAI: oai:DiVA.org:umu-25644DiVA: diva2:232827